Almost two years after the incident, the cops have managed to nab the
criminal. Read on to know the full story…

Rajesh Thakkar, a real estate
broker who had conned Shilpa Shetty and husband Raj Kundra of Rs 1 crore was
taken into police custody while he was attending a relative’s wedding on Monday
at Andheri’s Lokhandwala Complex. The accused had been on the run since last
two years, and had apparently, fled to USA with his family after stealing the
money.

The case goes something like
this. According to the police report, Ketan Shah, the managing director of Ravi
Builders, had signed an agreement with the Kundras to buy their apartment in
Pinnacle Heights back in August 2011. The deal amounted to Rs 9.5 crore and the
two parties entered into an agreement via broker Rajesh.

As a part of the deal, Ketan had
paid Rs 1 crore to the Kundras as the first instalment and had promised to
clear the remaining amount within the next three months. But later, Shah backed
out saying that the flat was costing him around Rs 40,000 per sq ft – almost
50% more than the (then) existing market rate of Rs 25,000 per sq ft.

The Kundras were gracious enough
to respect his decision and returned the money via Rajesh the alleged accused real estate broker. Thakkar was
supposed to collect the cash from Kundras and deliver it to Ketan. But
obviously, that did not happen and instead, he fled with the money.

It was only when Ketan called the
Kundras asking for his money, that the parties realised that they had been
conned. They then, went ahead and filed a report against Thakkar.

Almost two years after the
incident, Thakkar was finally arrested a few days back from a wedding hall in
Andheri’s Lokhandwala Complex. In his defence, Thakkar said that he returned to
India after exhausting all the money and ever since, has been living in
Gujarat. Talking to a leading daily the police informed, “Thakkar thought that
the matter had died down and it was safe for him to return to the city. He had
promised his family a tour to USA and had used the entire sum for the same.”
Raj Kundra also spoke to the daily and informed that he was happy that such a
criminal was behind the bars now.